GXLC vs. SCHK

Last updated Jun 27, 2026

GXLC (Global X U.S. 500 ETF) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds - GXLC tracks the Solactive GBS United States 500 Index while SCHK tracks the Schwab 1000 Index. Both are passively managed. With a 0.99 correlation, they move nearly in lockstep. GXLC charges 0.02%/yr vs 0.03%/yr for SCHK.

Performance

GXLC vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 ETF (GXLC) and Schwab 1000 Index ETF (SCHK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GXLC having a 8.02% return and SCHK slightly higher at 8.27%.

GXLC

• 1D: 0.09%
• 1M: -2.00%
• YTD: 8.02%
• 6M: 6.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHK

• 1D: -0.23%
• 1M: -1.90%
• YTD: 8.27%
• 6M: 6.90%
• 1Y: 21.01%
• 3Y*: 20.32%
• 5Y*: 12.17%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GXLC vs. SCHK - Yearly Performance Comparison

	2026 (YTD)	2025
GXLC Global X U.S. 500 ETF	8.02%	3.22%
SCHK Schwab 1000 Index ETF	8.27%	2.78%

Correlation

The correlation between GXLC and SCHK is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.99

Return for Risk

GXLC vs. SCHK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GXLC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SCHK

SCHK Risk / Return Rank: 56
SCHK Sharpe Ratio Rank: 54
SCHK Sortino Ratio Rank: 52
SCHK Omega Ratio Rank: 53
SCHK Calmar Ratio Rank: 54
SCHK Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GXLC vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 ETF (GXLC) and Schwab 1000 Index ETF (SCHK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GXLC	SCHK	Difference
Sharpe ratio: Return per unit of total volatility	—	1.66	—
Sortino ratio: Return per unit of downside risk	—	2.28	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.35	—
Martin ratio: Return relative to average drawdown	—	10.34	—

Drawdowns

GXLC vs. SCHK - Drawdown Comparison

The maximum GXLC drawdown since its inception was -9.08%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for GXLC and SCHK.

Drawdown Indicators

	GXLC	SCHK	Difference
Max Drawdown Largest peak-to-trough decline	-9.08%	-34.80%	+25.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.97%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.44%	—
Current Drawdown Current decline from peak	-3.31%	-3.22%	-0.09%
Average Drawdown Average peak-to-trough decline	-1.57%	-5.16%	+3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.04%	—

Volatility

Volatility by Period

	GXLC	SCHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	12.77%	+0.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.75%	17.33%	-3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.75%	19.11%	-5.36%

GXLC vs. SCHK - Expense Ratio Comparison

GXLC has a 0.02% expense ratio, which is lower than SCHK's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GXLC vs. SCHK - Dividend Comparison

GXLC's dividend yield for the trailing twelve months is around 0.65%, less than SCHK's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHK Schwab 1000 Index ETF	1.05%	1.09%	1.20%	1.38%	1.57%	1.17%	1.58%	1.82%	1.80%	0.31%

Frequently Asked Questions

Can I hold both GXLC and SCHK in my portfolio?

With a correlation of 0.99, GXLC and SCHK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, GXLC or SCHK?

On fees, GXLC is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXLC or SCHK?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.03% for SCHK.

Which ETF pays a higher dividend yield, GXLC or SCHK?

SCHK has the higher dividend yield at 1.05%, compared with 0.65% for GXLC.

What is the main difference between GXLC and SCHK?

GXLC tracks Solactive GBS United States 500 Index, while SCHK tracks Schwab 1000 Index. They also come from different issuers: Global X and Charles Schwab. Their fees differ too: 0.02% for GXLC and 0.03% for SCHK.